Goldman lifts diesel margin outlook, extending fuel squeeze to 2027
Goldman Sachs sharply raised its diesel refining margin outlook, implying the global fuel squeeze could persist well into 2027 and provide an earnings tailwind for refiners including MPC, VLO and PSX.
Goldman Sachs is sharply raising its outlook for diesel refining margins, signaling that the global fuel squeeze could persist well into 2027 and deliver another earnings tailwind for refiners such as Marathon Petroleum NYSE:MPC, Valero Energy NYSE:VLO and Phillips 66 NYSE:PSX.
The bank more than d…